HDFC shares sees block deals: exchange data

Last Updated: Fri, Feb 24, 2012 04:32 hrs

Shares in India's top mortgage lender Housing Development Finance Corp were traded in block deals early on Friday, stock exchange data showed, with the stock falling as much as 6 percent.

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About 145 million shares changed hands on the exchanges, data showed.

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Citigroup Inc plans to raise up to $2.1 billion by selling its entire stake in HDFC on Friday as part of the U.S. bank's efforts to shore up its capital base, three sources with direct knowledge said.

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